Apple Music is on track to outpace Spotify in the U.S. According to The Wall Street Journal, Apple Music has been growing its subscriber base by 5% every month, while competitor Spotify has only been growing by 2% per month. If both companies continue to grow at the current pace, Apple Music will overtake Spotify by this summer.
We dive into what's behind the latest ups and downs in the stock market. The Dow set a record for the largest two-day drop since the Brexit vote in June 2016. Chad Morganlander, Portfolio Manager at Washington Crossing Advisors, believes it would be healthy for markets to continue to pull back.
Sean Black, co-founder and CEO of Knock, tells Cheddar about his plans to take his company public in 2020. Knock is a start-up company that allows homeowners to sell or trade their homes for better ones.
Plus, we break down the Super Bowl advertising wins and losses. Amy Avery from Droga5 and Jeanine Poggi from Ad Age weigh in on their favorite commercials of the night. Overall, they say Tide ran a very successful ad campaign, while Ram's ad campaign sparked criticism from many viewers.
Italian car maker Fiat is opening an apartment building in Fort Lee, New Jersey.
Actress Sarah Michelle Gellar has teamed up with Fidelity to set kids up for success.
LinkedIn is rolling out generative AI tools for premium members.
Closing arguments began in the trial of FTX co-founder Sam Bankman Fried.
AMD posted higher third-quarter earnings, CVS reported better-than-expected results and Kraft raised its full-year forecast.
Collins Dictionary has named its word of the year: A.I.
The Federal Reserve Board will announce its decision on interest rates following the conclusion of its two-day meeting.
UPS is gearing up for a mass hiring event that could help a critical labor shortage affecting the U.S. across all industries. Jon Bowers, human resources director with UPS, joined Cheddar News to discuss the company's job fair known as 'Brown Friday,' which is slated to take place Nov. 3 and Nov. 4, ahead of the holiday season.
A Missouri jury found the National Association of Realtors and other brokerages liable for nearly $1.8 billion in damages on Tuesday. The jury found the parties conspired to keep commissions for home sales artificially high and the lawsuit looked at sales that took place between April of 2015 through June of 2022.
Stocks were little changed in the opening session on Wednesday ahead of the interest rate decision by the Federal Reserve later.
